Moreld ASA: Status on share buy-back programme

28 Jul 2025 15:00 CEST

On 11 July 2025, Moreld ASA (the "Company" or "Moreld") announced that the
Company had decided to initiate a non-discretionary share buy-back programme
for up to 3,144,000 existing shares in Moreld, equivalent to approximately
1.75% of Moreld's shares in issue, with the purpose to enable the Company to
meet its obligations under any applicable employee share incentive programme
implemented and/or to repurchase shares for amortization. The total
consideration paid for the shares purchased under the buy-back programme will
not exceed NOK 43 million.

In the period from 21 July 2025 to 25 July 2025, Moreld purchased a total of
267,000 own shares at Euronext Oslo Børs at an average price of NOK 19.6722
per share. Following this, Moreld has purchased a total of 500,500 own shares
under the current buy-back programme and holds a total of 2,356,500 own
shares, equal to approximately 1.31% of the shares in issue. An overview of
all buy-backs made under the buy-back programme that have been carried out
during the abovementioned time period is attached to this announcement and
available at https://newsweb.oslobors.no/.

Below is an aggregated overview of the transactions carried out under the
buy-back programme:

+---------------------+------------------+----------------+------------------+
| Date | Aggregated daily | Weighted | Total daily |
| | volume | average share | transaction |
| | (number of | price per day | value (NOK) |
| | shares) | (NOK) | |
+---------------------+------------------+----------------+------------------+
| 21.07.2025 | 38,000 | 19.2375 | 731,025 |
+---------------------+------------------+----------------+------------------+
| 22.07.2025 | 64,000 | 19.6633 | 1,258,451 |
+---------------------+------------------+----------------+------------------+
| 23.07.2025 | 55,000 | 19.7920 | 1,088,560 |
+---------------------+------------------+----------------+------------------+
| 24.07.2025 | 50,000 | 19.8563 | 992,815 |
+---------------------+------------------+----------------+------------------+
| 25.07.2025 | 60,000 | 19.6938 | 1,181,628 |
+---------------------+------------------+----------------+------------------+
| Previously | 233,500 | 18.1441 | 4,236,658 |
| disclosed buy-backs | | | |
| under the programme | | | |
| (accumulated) | | | |
+---------------------+------------------+----------------+------------------+
| Total accumulated | 500,500 | 18.9593 | 9,489,138 |
| buy-backs made | | | |
| under the programme | | | |
+---------------------+------------------+----------------+------------------+

Date on which the buy-back programme was announced: 11 July 2025.
The duration of the buy-back programme: 11 July 2025 -- 31 December 2025.

For more information about the buy-back programme, please see the stock
exchange announcement published on 11 July 2025, which is available at
https://newsweb.oslobors.no/.

The share buy-back programme is carried out in accordance with Regulation (EU)
No 596/2014 (the "Market Abuse Regulation") and Commission Delegated
Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). This information
is subject to the disclosure requirements pursuant to article 5 of the Market
Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:

CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com

CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com

About Moreld

Moreld is an industrial multi-disciplinary engineering group offering
full-scope services across the offshore energy and marine industries,
including subsea installations. The group comprises Moreld Apply, Ocean
Installer and Global Maritime. Moreld is a major player on the Norwegian
continental shelf with an international footprint. The Group is located in 19
countries, giving access to all major offshore markets, and has over 2,800
employees and
contractors. For more information, please visit https://moreld.com/.

More information:
Access the news on Oslo Bors NewsWeb site

651830_Moreld ASA- Status on share buy-back programme.pdf
651830_2025 07 28 MORLD Buy Backs 21 July 25 July 2025 (all Trades).pdf